Power Corp of Canada Reduces Stake in Hexcel Corporation by 31.7% in Q4 2023
June 17, 2023
🌥️Trending News
On June 15, 2023, Power Corp of Canada announced a major shift in its stake in Hexcel Corporation ($NYSE:HXL). Hexcel Corporation is a leading provider of advanced composite materials used in industrial, aerospace, and defense applications. The company specializes in the manufacture and supply of carbon fiber, glass fiber, and aramid fiber reinforcements and resins. Hexcel’s products are used for a number of applications, including aircraft, automobiles, boats, and sporting goods.
With this move, Power Corp of Canada has made a significant statement about its stance on the future of Hexcel Corporation. The reduced stake indicates that Power Corp of Canada does not have as much confidence in the company as it did before. It remains to be seen what effect this will have on the performance of Hexcel Corporation’s stock in the future.
Analysis
At GoodWhale, we have conducted an analysis of HEXCEL CORPORATION‘s wellbeing and have determined that they are a low risk investment in terms of both financial and business aspects. Our Risk Rating has assessed the company’s performance across a variety of metrics and determined that the risk posed is low. However, we have also detected two risk warnings in their income sheet and balance sheet. We recommend that any interested investors register on our website, GoodWhale.com, to get access to our full analysis of the company’s performance and risk factors. From there, you can make an informed decision about whether or not to pursue an investment in the company. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hexcel Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 1.64k | 151.2 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hexcel Corporation. More…
| Operations | Investing | Financing |
| 168.7 | -51.8 | -121.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hexcel Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.91k | 1.29k | 19.22 |
Key Ratios Snapshot
Some of the financial key ratios for Hexcel Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -10.4% | -18.8% | 13.3% |
| FCF Margin | ROE | ROA |
| 5.8% | 8.6% | 4.7% |
Peers
The company competes with Beijing Beimo High Tech Frictional Material Co Ltd, Textron Inc, and Lockheed Martin Corp, among others.
– Beijing Beimo High Tech Frictional Material Co Ltd ($SZSE:002985)
As of 2022, Beijing Beimo High Tech Frictional Material Co Ltd has a market cap of 15.99B and a return on equity of 14.34%. The company produces high-tech friction materials for a variety of industries, including automotive, aerospace, and construction. Its products are used in a variety of applications, such as brakes, clutches, and bearings. The company has a strong presence in China and is expanding its operations globally.
– Textron Inc ($NYSE:TXT)
Textron Inc is a diversified industrial company that operates in a variety of businesses, including aircraft, defense, industrial, and finance. The company has a market cap of 13.31B as of 2022 and a return on equity of 9.94%. Textron is a global company with operations in more than 40 countries. The company’s products and services include aircraft, defense systems, industrial products, and finance. Textron is a publicly traded company listed on the New York Stock Exchange under the ticker symbol TXT.
– Lockheed Martin Corp ($NYSE:LMT)
Lockheed Martin Corp is an American aerospace, defense, security, and advanced technologies company. It is the world’s largest defense contractor measured by revenue and is the largest producer of aircraft engines. It is also a major provider of IT services, systems engineering, and training. The company’s main products and services include aircraft, missiles, weapons, electronic systems, and IT services.
Summary
Hexcel Corporation is a leading producer of advanced materials used in aerospace industry. The move has been widely viewed as a sign that the investor is looking to book profits or potentially shift investments to other opportunities. Analysts are currently keeping a close eye on Hexcel Corporation’s share price movements and financial performance to assess the impact of this decision. This could potentially influence the stock price and may present attractive opportunities for savvy investors.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
